401k Plan data: FOUNDATION FOR EDUCATIONAL SERVICES, INC. DEFINED BENEFIT PENSION PLAN plan

FOUNDATION FOR EDUCATIONAL SERVICES, INC. DEFINED BENEFIT PENSION PLAN 401k Plan overview

Plan Name	FOUNDATION FOR EDUCATIONAL SERVICES, INC. DEFINED BENEFIT PENSION PLAN
Plan identification number	002

FOUNDATION FOR EDUCATIONAL SERVICES, INC. DEFINED BENEFIT PENSION PLAN Benefits

401k Plan Type

Defined Benefit Pension

Plan Features/Benefits

Benefits are primarily pay related
Covered by PBGC - Plan is covered under the PBGC insurance program (see ERISA section 4021).
Plan covered by PBGC that was terminated and closed out for PBGC purposes - Before the end of the plan year (or a prior plan year), (1) the plan terminated in a standard (or distress) termination and completed the distribution of plan assets in satisfaction of all benefit liabilities (or all ERISA Title IV benefits for distress termination); or (2) a trustee was appointed for a terminated plan pursuant to ERISA section 4042.
Frozen Plan - As of the last day of the plan year, the plan provides that no participant will get any new benefit accrual (whether because of service or compensation).
Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

FOUNDATION FOR EDUCATIONAL SERVICES, INC. has sponsored the creation of one or more 401k plans.

Company Name: FOUNDATION FOR EDUCATIONAL SERVICES, INC.

Employer identification number (EIN): 470703499

NAIC Classification: 813000
NAIC Description: Religious, Grantmaking, Civic, Professional, and Similar Organizations

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FOUNDATION FOR EDUCATIONAL SERVICES, INC. DEFINED BENEFIT PENSION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2014-01-01 CINDY POTTER 2014-07-02 IRENE WILLIAMS 2014-07-03
002 2013-01-01 CINDY POTTER 2014-07-02 IRENE WILLIAMS 2014-07-03
002 2012-01-01 CINDY POTTER IRENE WILLIAMS 2013-09-06
002 2011-01-01 IRENE WILLIAMS CINDY POTTER 2012-08-28
002 2009-01-01 IRENE WILLIAMS CINDY POTTER 2010-10-14

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
002	2014-01-01	CINDY POTTER	2014-07-02	IRENE WILLIAMS	2014-07-03
002	2013-01-01	CINDY POTTER	2014-07-02	IRENE WILLIAMS	2014-07-03
002	2012-01-01	CINDY POTTER		IRENE WILLIAMS	2013-09-06
002	2011-01-01	IRENE WILLIAMS		CINDY POTTER	2012-08-28
002	2009-01-01	IRENE WILLIAMS		CINDY POTTER	2010-10-14

Plan Statistics for FOUNDATION FOR EDUCATIONAL SERVICES, INC. DEFINED BENEFIT PENSION PLAN

401k plan membership statisitcs for FOUNDATION FOR EDUCATIONAL SERVICES, INC. DEFINED BENEFIT PENSION PLAN

Measure Date Value
2012: FOUNDATION FOR EDUCATIONAL SERVICES, INC. DEFINED BENEFIT PENSION PLAN 2012 401k membership
Total participants, beginning-of-year 2012-01-01 138
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 5
Number of retired or separated participants receiving benefits 2012-01-01 17
Number of other retired or separated participants entitled to future benefits 2012-01-01 5
Total of all active and inactive participants 2012-01-01 27
Total participants 2012-01-01 27
2011: FOUNDATION FOR EDUCATIONAL SERVICES, INC. DEFINED BENEFIT PENSION PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 135
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 96
Number of retired or separated participants receiving benefits 2011-01-01 10
Number of other retired or separated participants entitled to future benefits 2011-01-01 31
Total of all active and inactive participants 2011-01-01 137
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 1
Total participants 2011-01-01 138
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 2
2009: FOUNDATION FOR EDUCATIONAL SERVICES, INC. DEFINED BENEFIT PENSION PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 147
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 126
Number of retired or separated participants receiving benefits 2009-01-01 3
Number of other retired or separated participants entitled to future benefits 2009-01-01 10
Total of all active and inactive participants 2009-01-01 139
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 1
Total participants 2009-01-01 140
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 4

Measure	Date	Value
2012: FOUNDATION FOR EDUCATIONAL SERVICES, INC. DEFINED BENEFIT PENSION PLAN 2012 401k membership
Total participants, beginning-of-year	2012-01-01	138
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	5
Number of retired or separated participants receiving benefits	2012-01-01	17
Number of other retired or separated participants entitled to future benefits	2012-01-01	5
Total of all active and inactive participants	2012-01-01	27
Total participants	2012-01-01	27
2011: FOUNDATION FOR EDUCATIONAL SERVICES, INC. DEFINED BENEFIT PENSION PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	135
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	96
Number of retired or separated participants receiving benefits	2011-01-01	10
Number of other retired or separated participants entitled to future benefits	2011-01-01	31
Total of all active and inactive participants	2011-01-01	137
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	1
Total participants	2011-01-01	138
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	2
2009: FOUNDATION FOR EDUCATIONAL SERVICES, INC. DEFINED BENEFIT PENSION PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	147
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	126
Number of retired or separated participants receiving benefits	2009-01-01	3
Number of other retired or separated participants entitled to future benefits	2009-01-01	10
Total of all active and inactive participants	2009-01-01	139
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	1
Total participants	2009-01-01	140
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	4

Financial Data on FOUNDATION FOR EDUCATIONAL SERVICES, INC. DEFINED BENEFIT PENSION PLAN

Measure	Date	Value
2012 : FOUNDATION FOR EDUCATIONAL SERVICES, INC. DEFINED BENEFIT PENSION PLAN 2012 401k financial data
Total income from all sources (including contributions)	2012-12-31	$715,868
Total loss/gain on sale of assets	2012-12-31	$-93,021
Total of all expenses incurred	2012-12-31	$6,772,913
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2012-12-31	$6,753,460
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2012-12-31	$672,226
Value of total assets at end of year	2012-12-31	$420,291
Value of total assets at beginning of year	2012-12-31	$6,477,336
Total of administrative expenses incurred including professional, contract, advisory and management fees	2012-12-31	$19,453
Total interest from all sources	2012-12-31	$136,663
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2012-12-31	Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan	2012-12-31	$0
Was this plan covered by a fidelity bond	2012-12-31	Yes
Value of fidelity bond cover	2012-12-31	$500,000
Aggregate amount of withdrawal liability assessed or estimated to be assessed against such withdrawn employers	2012-12-31	0
Funding deficiency by the employer to the plan for this plan year	2012-12-31	$0
Minimum employer required contribution for this plan year	2012-12-31	$0
Amount contributed by the employer to the plan for this plan year	2012-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2012-12-31	No
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2012-12-31	$53,526
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2012-12-31	No
Value of net income/loss	2012-12-31	$-6,057,045
Value of net assets at end of year (total assets less liabilities)	2012-12-31	$420,291
Value of net assets at beginning of year (total assets less liabilities)	2012-12-31	$6,477,336
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2012-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2012-12-31	No
Were any leases to which the plan was party in default or uncollectible	2012-12-31	No
Investment advisory and management fees	2012-12-31	$19,453
Income. Interest from US Government securities	2012-12-31	$93,819
Income. Interest from corporate debt instruments	2012-12-31	$42,767
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2012-12-31	$420,291
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2012-12-31	$274,692
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2012-12-31	$274,692
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2012-12-31	$77
Asset value of US Government securities at beginning of year	2012-12-31	$3,339,649
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2012-12-31	Yes
Was there a failure to transmit to the plan any participant contributions	2012-12-31	No
Has the plan failed to provide any benefit when due under the plan	2012-12-31	No
Contributions received in cash from employer	2012-12-31	$672,226
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2012-12-31	$6,753,460
Asset. Corporate debt instrument debt (other) at beginning of year	2012-12-31	$2,809,469
Did the plan have assets held for investment	2012-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2012-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2012-12-31	No
Aggregate proceeds on sale of assets	2012-12-31	$18,843,980
Aggregate carrying amount (costs) on sale of assets	2012-12-31	$18,937,001
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2012-12-31	No
Opinion of an independent qualified public accountant for this plan	2012-12-31	Unqualified
Accountancy firm name	2012-12-31	BKD, LLP
Accountancy firm EIN	2012-12-31	440160260
2011 : FOUNDATION FOR EDUCATIONAL SERVICES, INC. DEFINED BENEFIT PENSION PLAN 2011 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2011-12-31	$-134,763
Total unrealized appreciation/depreciation of assets	2011-12-31	$-134,763
Total income from all sources (including contributions)	2011-12-31	$401,267
Total loss/gain on sale of assets	2011-12-31	$-31,756
Total of all expenses incurred	2011-12-31	$341,341
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2011-12-31	$321,490
Value of total assets at end of year	2011-12-31	$6,477,336
Value of total assets at beginning of year	2011-12-31	$6,417,410
Total of administrative expenses incurred including professional, contract, advisory and management fees	2011-12-31	$19,851
Total interest from all sources	2011-12-31	$143,383
Total dividends received (eg from common stock, registered investment company shares)	2011-12-31	$30,196
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2011-12-31	Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan	2011-12-31	$0
Total dividends received from registered investment company shares (eg mutual funds)	2011-12-31	$30,196
Was this plan covered by a fidelity bond	2011-12-31	Yes
Value of fidelity bond cover	2011-12-31	$500,000
Funding deficiency by the employer to the plan for this plan year	2011-12-31	$0
Minimum employer required contribution for this plan year	2011-12-31	$0
Amount contributed by the employer to the plan for this plan year	2011-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2011-12-31	No
Value of other receiveables (less allowance for doubtful accounts) at end of year	2011-12-31	$53,526
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2011-12-31	$8,760
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2011-12-31	No
Value of net income/loss	2011-12-31	$59,926
Value of net assets at end of year (total assets less liabilities)	2011-12-31	$6,477,336
Value of net assets at beginning of year (total assets less liabilities)	2011-12-31	$6,417,410
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2011-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2011-12-31	No
Were any leases to which the plan was party in default or uncollectible	2011-12-31	No
Investment advisory and management fees	2011-12-31	$19,851
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2011-12-31	$6,071,441
Income. Interest from US Government securities	2011-12-31	$32,813
Income. Interest from corporate debt instruments	2011-12-31	$110,519
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2011-12-31	$274,692
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2011-12-31	$337,209
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2011-12-31	$337,209
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2011-12-31	$51
Asset value of US Government securities at end of year	2011-12-31	$3,339,649
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2011-12-31	$394,207
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2011-12-31	Yes
Was there a failure to transmit to the plan any participant contributions	2011-12-31	No
Has the plan failed to provide any benefit when due under the plan	2011-12-31	No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2011-12-31	$321,490
Asset. Corporate debt instrument debt (other) at end of year	2011-12-31	$2,809,469
Did the plan have assets held for investment	2011-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2011-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2011-12-31	No
Aggregate proceeds on sale of assets	2011-12-31	$1,304,553
Aggregate carrying amount (costs) on sale of assets	2011-12-31	$1,336,309
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2011-12-31	No
Opinion of an independent qualified public accountant for this plan	2011-12-31	Unqualified
Accountancy firm name	2011-12-31	BKD, LLP
Accountancy firm EIN	2011-12-31	440160260
2010 : FOUNDATION FOR EDUCATIONAL SERVICES, INC. DEFINED BENEFIT PENSION PLAN 2010 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2010-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2010-12-31	$9,964
Total income from all sources (including contributions)	2010-12-31	$903,900
Total loss/gain on sale of assets	2010-12-31	$260,750
Total of all expenses incurred	2010-12-31	$518,012
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2010-12-31	$510,136
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2010-12-31	$250,000
Value of total assets at end of year	2010-12-31	$6,417,410
Value of total assets at beginning of year	2010-12-31	$6,041,486
Total of administrative expenses incurred including professional, contract, advisory and management fees	2010-12-31	$7,876
Total interest from all sources	2010-12-31	$42,273
Total dividends received (eg from common stock, registered investment company shares)	2010-12-31	$123,872
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2010-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2010-12-31	$58,122
Was this plan covered by a fidelity bond	2010-12-31	Yes
Value of fidelity bond cover	2010-12-31	$500,000
Were there any nonexempt tranactions with any party-in-interest	2010-12-31	No
Assets. Other investments not covered elsewhere at end of year	2010-12-31	$0
Assets. Other investments not covered elsewhere at beginning of year	2010-12-31	$21,462
Value of other receiveables (less allowance for doubtful accounts) at end of year	2010-12-31	$8,760
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2010-12-31	$11,913
Liabilities. Value of operating payables at end of year	2010-12-31	$0
Liabilities. Value of operating payables at beginning of year	2010-12-31	$9,964
Total non interest bearing cash at end of year	2010-12-31	$0
Total non interest bearing cash at beginning of year	2010-12-31	$11,578
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2010-12-31	No
Value of net income/loss	2010-12-31	$385,888
Value of net assets at end of year (total assets less liabilities)	2010-12-31	$6,417,410
Value of net assets at beginning of year (total assets less liabilities)	2010-12-31	$6,031,522
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2010-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2010-12-31	No
Were any leases to which the plan was party in default or uncollectible	2010-12-31	No
Investment advisory and management fees	2010-12-31	$7,876
Value of interest in registered invesment companies (eg mutual funds) at end of year	2010-12-31	$6,071,441
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2010-12-31	$0
Income. Interest from US Government securities	2010-12-31	$17,953
Income. Interest from corporate debt instruments	2010-12-31	$24,125
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2010-12-31	$337,209
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2010-12-31	$202,955
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2010-12-31	$202,955
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2010-12-31	$195
Asset value of US Government securities at end of year	2010-12-31	$0
Asset value of US Government securities at beginning of year	2010-12-31	$668,555
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2010-12-31	$227,005
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2010-12-31	Yes
Was there a failure to transmit to the plan any participant contributions	2010-12-31	No
Has the plan failed to provide any benefit when due under the plan	2010-12-31	No
Contributions received in cash from employer	2010-12-31	$250,000
Employer contributions (assets) at end of year	2010-12-31	$0
Employer contributions (assets) at beginning of year	2010-12-31	$750,000
Income. Dividends from common stock	2010-12-31	$65,750
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2010-12-31	$510,136
Asset. Corporate debt instrument debt (other) at end of year	2010-12-31	$0
Asset. Corporate debt instrument debt (other) at beginning of year	2010-12-31	$633,094
Assets. Corporate common stocks other than exployer securities at end of year	2010-12-31	$0
Assets. Corporate common stocks other than exployer securities at beginning of year	2010-12-31	$3,741,929
Did the plan have assets held for investment	2010-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2010-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2010-12-31	No
Aggregate proceeds on sale of assets	2010-12-31	$6,531,370
Aggregate carrying amount (costs) on sale of assets	2010-12-31	$6,270,620
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2010-12-31	No
Opinion of an independent qualified public accountant for this plan	2010-12-31	Unqualified
Accountancy firm name	2010-12-31	BKD, LLP
Accountancy firm EIN	2010-12-31	440160260
2009 : FOUNDATION FOR EDUCATIONAL SERVICES, INC. DEFINED BENEFIT PENSION PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2009-12-31	$0

Form 5500 Responses for FOUNDATION FOR EDUCATIONAL SERVICES, INC. DEFINED BENEFIT PENSION PLAN

2012: FOUNDATION FOR EDUCATIONAL SERVICES, INC. DEFINED BENEFIT PENSION PLAN 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes
2011: FOUNDATION FOR EDUCATIONAL SERVICES, INC. DEFINED BENEFIT PENSION PLAN 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2009: FOUNDATION FOR EDUCATIONAL SERVICES, INC. DEFINED BENEFIT PENSION PLAN 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Submission has been amended	No
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan is a collectively bargained plan	No
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	FOUNDATION FOR EDUCATIONAL SERVICES, INC.
Employer identification number (EIN):	470703499
NAIC Classification:	813000
NAIC Description:	Religious, Grantmaking, Civic, Professional, and Similar Organizations